Software developer and investor.
Bitcoin is the greatest brand of all.
#BITCOIN price drivers:
1. Inflation
2. Adoption
3. Utilities - L2, 3, 4, 5 applications
4. Oceans of institutions & nation states money is coming
5. Bitcoin will demonetize gold, bonds, stocks & real estate
6. Bitcoin ETF
7. FASB accounting for bitcoin
8. Bitcoin will eat all shitcoins
Everything I said here is not financial advice, please do your own research.
$MSTR 👀
The thing about $MSFT putting a #bitcoin Treasury up for a Vote
No activists investor made them do that !
they secretly want it to happen, $blk blackrock is going to be in there lobbying other $msft institutional investors hard. Because $mstr is kicking everyone's ass
Breaking: $MSTR has become the de facto future and options for #bitcoin due to the lacking of honest future and options market for bitcoin. Stop and think about the implications. Let that sink in…
It is just my opinion.
Is $MSTR better than #bitcoin? My answer is NO. $MSTR could potentially be a better performance asset with additional BTC yield, but there are risks associated with the stock, it is a derivative of bitcoin for those understand the risks and willing to take them.
Bitcoin self custody isn't just about being a paranoid mountain man. There are many long-term negative ramifications to convincing people to trust third party custodians.
1. Centralizing coins into a few hands increases systemic risk of loss and seizure.
2. Bitcoiners get disenfranchised from participating in governance activities like running nodes or trading forks.
3. Ossification arguments are strengthened because institutions don't care about more advanced cryptographic features.
4. Permissionless scaling gets deprioritized because we can just scale via trusted third party IOUs.
Self custody is not merely important to individual bitcoin holders. It's important for the continued strengthening and improvement of the entire network.
- Jameson Lopp